MXC Capital Limited Sale of Castleton Shares (2010Z)
August 30 2018 - 2:00AM
UK Regulatory
TIDMMXCP
RNS Number : 2010Z
MXC Capital Limited
30 August 2018
MXC Capital Limited
("MXC" or the "Company")
Sale of Castleton Shares
MXC (AIM: MXCP), the technology focused adviser and investor,
announces that on 29 August 2018 it sold 5,685,423 ordinary shares
of 2 pence each in the capital of Castleton Technology plc
("Castleton") ("Castleton Shares") at a price of 97 pence per
Castleton Share (the "Sale"), resulting in gross proceeds of GBP5.5
million.
Following the Sale, MXC no longer holds any Castleton Shares.
The proceeds of the Sale will be used in line with MXC's stated
strategy of investing in technology companies.
Castleton is a leading supplier of complementary software and
managed services to the public and not-for-profit sectors listed on
the AIM market of the London Stock Exchange. Further details about
Castleton (including latest financial reports) are available at
www.castletonplc.com.
MXC Capital Limited
Ian Smith
+44(0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Giles Balleny
+44 (0)20 3829 5000
About MXC Capital Limited www.mxccapital.com
MXC is a specialist technology adviser and investor with a track
record of investing in and advising companies in the TMT sector.
MXC brings together a deep knowledge of technology, first-hand
experience of managing companies in the sector, an ability to make
meaningful investments and a highly experienced corporate advisory
team in support, all of which combine to grow shareholder
value.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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